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| --- | --- | --- |
|   | (A) | The Aircraft shall be subject to Final Acceptance by Lessee’s duly authorized representatives (hereafter “Lessee’s Representative”) at Lessee’s
facility in Cheyenne, Wyoming.  |

  




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| --- | --- | --- |
|   | (B) | Delivery Procedure. The Aircraft shall be offered for acceptance and delivery to Lessee in accordance with the following procedure:  |

  




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| --- | --- | --- |
|   | (1) | Final acceptance of the Aircraft shall be based upon the Aircraft being leased to Lessee in an “AS IS, WHERE IS, AND WITH ALL FAULTS” condition. Lessee will perform at its
sole cost and expense all inspections, maintenance, repair and reconditioning of the Aircraft as may be required in order for Lessee to place the Aircraft on its operating certificate and satisfy the requirements of the Federal Aviation Regulations.
Lessee will repair all airworthiness and safety of flight discrepancies prior to placing the Aircraft into revenue service.  |

  




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| --- | --- | --- |
|   | (2) | Prior to final acceptance, (a) Lessee shall establish a valid and existing account with the International Registry, and appoint an Administrator and/or a Professional User
acceptable to Lessor to make registration in regards to the Aircraft and this Lease, and (b) Lessor and Lessee shall register a first priority Prospective International Interest in connection with the Aircraft which shall be searchable in the
International Registry to the satisfaction of Lessor.  |

  


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